A recent financing by DataBank breaks new ground in financing data center growth, and may help colocation and edge computing specialists raise capital using strategies previously limited to hyperscale deals.
Data Center M&A On the Horizon as New SPACs Go Shopping
More data center mergers and acquisitions (M&A) appear likely amid reports of two new special purpose acquisition corporations (SPACs) featuring teams of data center executives. Meanwhile, the industry’s busiest consolidator is raising a huge new round of capital.
The Top 10 Data Center Stories for November 2020
Edge, Equinix and Atlanta were the three themes that grabbed readers’ attention in November. Here are the 10 most popular stories on Data Center Frontier in November 2020, in order of article views.
Vantage Raises $1.25 Billion in Equity Capital to Fund Data Center Growth
Vantage Data Centers has raised $1.25 billion in equity funding from its current investors, led by Digital Colony. The funding reinforces the value proposition of building wholesale data center space for hyperscale customers, including the leading players in cloud computing and online commerce.
Colony’s Digital Playbook Powers Edge Strategy for DataBank
Colony Capital has built DataBank through a deal-driven “digital playbook” that brings together a convergence of technologies, companies and investors. The goal: capture the huge opportunity in edge computing.
DataBank Acquires zColo Data Centers in Major Expansion
Colocation provider DataBank has agreed to acquire zColo in a deal that dramatically expands DataBank’s data center network, adding 44 data centers across 23 markets in the U.S. and Europe.
Colony-Led Group Invests $1.2 Billion in Vantage Portfolio, Funding Future Growth
Colony Capital is leading an investor group that will invest $1.2 billion in Vantage Data Centers’ data centers, providing Vantage with capital to build more data centers.
Vantage Acquires NGD to Continue European Expansion
Vantage Data Centers is continuing its expansion into European markets with a definitive agreement to acquire Next Generation Data (NGD), a massive data center facility in Cardiff, Wales.
Colony Capital Invests in DataBank, Has Big Plans in Digital Infrastructure
Colony Capital intends to be an active investor in the data center sector in 2020 and beyond. Its recent $185 million investment in DataBank provides insights to Colony’s strategy to expand aggressively into digital infrastructure.
Data Center Frontier is edited by Rich Miller, the data center industry’s most experienced journalist. For more than 20 years, Rich has profiled the key role played by data centers in the Internet revolution.